Connecticut Pension Funds to Benefit from $2.8 Billion Transfer

A historical payment is headed to Connecticut’s pension plan.

State Comptroller Natalie Braswell is in the process of transferring $3.1 billion from the state’s operating surplus into the rainy day fund, triggering a one-time, special payment of $2.8 billion into the state’s unfunded pension liabilities, Gov. Ned Lamont said.

Read More